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SEBI UPDATE | INTERIM ORDER AGAINST JANE STREET GROUP FOR ALLEGED INDEX MANIPULATION

SEBI UPDATE | INTERIM ORDER AGAINST JANE STREET GROUP FOR ALLEGED INDEX MANIPULATION

by ilf.admin | Jul 7, 2025 | Publications

The Securities and Exchange Board of India (SEBI), vide an ex-parte interim order dated 3 July 2025 (Order), issued under Sections 11(1), 11(4), 11B(1), and 11D of the SEBI Act, 1992, has restrained entities of the Jane Street Group, LLC (JS Group) from participating...
University Diploma Nullification: Legal Grounds and Recent Developments

University Diploma Nullification: Legal Grounds and Recent Developments

by ilf.admin | Jul 1, 2025 | Publications

The nullification of a university diploma is a serious legal matter with significant implications for individuals and institutions, particularly when it affects an individual’s eligibility for public office. Such decisions are often based on claims of irregularities...
Delhi High Court Upholds Voluntary Nature of Restaurant Service Charges

Delhi High Court Upholds Voluntary Nature of Restaurant Service Charges

by ilf.admin | Jul 1, 2025 | Publications

Background: On 28 March 2025, the Delhi High Court delivered a significant judgment in the matter of National Restaurant Association of India & Ors. v. Union of India & Anr addressing the legality of mandatory service charges levied by restaurants and hotels....
REAL ESTATE UPDATE I SUPREME COURT: PROPERTY REGISTRATION ALONE DOES NOT CONFER OWNERSHIP

REAL ESTATE UPDATE I SUPREME COURT: PROPERTY REGISTRATION ALONE DOES NOT CONFER OWNERSHIP

by ilf.admin | Jun 19, 2025 | Publications

In a landmark judgment, the Hon’ble Supreme Court of India in K. Gopi v. Sub-Registrar and Others (2025 SCC OnLine SC 740) has declared Rule 55A(i) of the Tamil Nadu Registration Rules, 1983 (“Rule 55A(i)”) ultra vires of the Registration Act, 1908. The judgment...
LEGAL UPDATE | PROMOTER LIABILITY FOR HOUSING SOCIETIES IN REDEVELOPMENT

LEGAL UPDATE | PROMOTER LIABILITY FOR HOUSING SOCIETIES IN REDEVELOPMENT

by ilf.admin | Jun 19, 2025 | Publications

The Hon’ble Maharashtra Real Estate Appellate Tribunal (MREAT) vide order 2 June 2025 in the case of D. N. Nagar Shivneri CHS Ltd. v. Various Allottees held that a cooperative housing society undertaking self-redevelopment does not automatically qualify as a...
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